$5-million funding to help fast rack 161 homes in Stony Plain
Posted July 15, 2024 2:42 pm.
The town of Stony Plain on Monday announced that they reached an agreement to fast-track the building of 161 homes in the next three years and spur the construction of more than 1,300 homes over the next decade.
A federal fund of $5 million is helping with the build.
“We are looking at e-permitting and bylaws, the funds will not only advance critical projects that are essential to promoting and streamlining residential development, but also further position Stony Plain as a future-ready destination,” said William Choy, Mayor of Stony Plain.
According to Choy, the planned initiatives will enable mixed-used redevelopment of underused municipal properties and introduce a workflow and e-permitting software that reduces application processing times for housing developments.
The Town will also work to enable more affordable housing partnerships by developing legal agreements between landowners and the non-profit organizations that oversee housing units.
Sean Fraser, Minister of Housing, Infrastructure and Communities said, “With initiatives like using municipal properties for housing, creating legal agreements to develop more affordable homes, and speeding up approvals for new developments, this agreement will help make sure that Stony Plain has more of the kinds of homes we need to tackle the housing crisis.”
